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Nikola CEO Steve Girsky Is Not Worried About Competition From Tesla: '...Battery Trucks Don't Work Everywhere'

Benzinga ·  Aug 12 07:54

Nikola Corp(NASDAQ:NKLA) CEOSteve Girskysaid on Friday that the EV truck company is not concerned about competition from rival companies includingTesla Inc.

What Happened:One of Nikola's customers started their transition to EVs by purchasing six battery-electric trucks from a rival EV player but received a range of only 150 miles though they were promised 220 miles. Furthermore, the trucks were taking them an hour and a half to refuel, Girsky said, making them turn to Nikola.

"...now they're the biggest owner of our trucks, frankly," Girsky said on the company's second-quarter earnings...

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